Human Capital and the Changing Structure of the Indian Economy
Using panel data for the fourteen major states of India over the 1980-2000 period, the authors estimate the effect of human capital endowment on the performance of the state economies. They find that greater availability of skilled workers had a po...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2008/03/9123531/human-capital-changing-structure-indian-economy http://hdl.handle.net/10986/6541 |
| Summary: | Using panel data for the fourteen major
states of India over the 1980-2000 period, the authors
estimate the effect of human capital endowment on the
performance of the state economies. They find that greater
availability of skilled workers had a positive and
significant impact on output in the service sectors. They do
not find any such effect for the manufacturing sectors. The
paper shows that the differential effect on services and
manufacturing arises because service sectors are more skill intensive. |
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